【$EUL Signal】Pullback to go long / 4H short squeeze structure

$EUL 1H RSI skyrocketed to 84, price pushed above the upper Bollinger Band, short-term overbought. But the 4-hour open interest remains stable, MACD histogram continues to expand, indicating bullish momentum is not exhausted. The order book around 0.885 shows a thick wall of bids, revealing capital support intentions.

🎯Direction: Pullback to buy

⚡Entry/Orders: Enter in batches within the 0.813 - 0.834 range

🛑Stop-loss: 0.803

🚀Target 1: 0.958

🚀Target 2: 1.020

🛡️Trade Management:
- Execution strategy: Reduce 50% of position at Target 1, move the remaining stop-loss up to the entry price. If the price cannot hold above 0.88, consider taking partial profits early.

The 4-hour candlestick remains consecutively bullish, with buying pressure continuously pushing the price higher. Although the 1-hour timeframe shows overbought conditions, open interest has not decreased with the price surge, indicating it’s not just a pump-and-dump. The buy depth from 0.885 to 0.881 is significantly thicker than the sell side above, forming a natural buffer zone. Under this structure, chasing the high directly carries higher risk, but a deep pullback offers an opportunity, with a risk-reward ratio exceeding 4 times, making it worth a try.

View real-time market 👇 $EUL
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